Covid-19 Updates

Learn how to apply for early access to your super savings

Limited Options To Access Super Savings Early

By Wen Wen / March 24, 2020

Limited access to super savings Achieving a certain age and retiring There are very limited circumstances when you can access your superannuation savings earlier than when you meet what the ATO calls a “condition of release” — which for most people generally means achieving a certain age and retiring. Medical conditions, severe financial hardship or […]

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Federal Government’s Second Coronavirus Stimulus Package

By Wen Wen / March 23, 2020

The Federal Government has announced stage 2 of its economic plan to provide financial assistance to Australians. Boosting cash flow assistance Cash flow assistance ► The Government is providing up to $100,000 to eligible small and medium-sized businesses, and not-for-profits (including charities) that employ people, with a minimum payment of $20,000. ► Under the enhanced […]

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Federal Government Announces Coronavirus Stimulus Package

By Wen Wen / March 13, 2020

In response to the Coronavirus crisis, The Federal Government has announced a range of measures to support the economy, business and employment in the face of the coronavirus health crisis. The measures include the below. 1. Cash Flow Boost for employers Employers with an aggregated annual turnover of under $50 million (based on prior year […]

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